Listed by Marlin Realty Group
$450,000
340 S Palmetto Avenue
Details
APN 5339-01-11-0022
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,456
Units 4
NOI $32,163
Year Built 1915
Acreage 0.240
Parking Spaces 8 spaces
Parking Per SqFt 3.26
Multifamily | 4 Units
Marketing description
Downtown 4 plex for sale. Great rental income property within walking distance to restaurants, parks and everything downtown has to offer. Property consists of 2 two-bedroom one bath and 2 one bedroom one bath apartments. Great rental history and property is turnkey. Apartments have been nicely updated and have newer appliances. These units stay full and are easily rented because of the very convenient location. Owner is motivated and looking for offers. Don't delay on this opportunity. ALL INFO MEANT TO BE TRUE BUT CANNOT BE GUARANTEED AND MUST BE VERIFIED BY POTENTIAL BUYER. ALL LICENSING AND ZONING INFO TO BE VERIFIED WITH CITY OF DAYTONA BEACH BY BUYER.
Listing Contacts
Listed by Marlin Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$32,163.00
$2,680.25/mo
Valuation Metrics
0
DSCR
7.15%
Cap Rate
7.15%
ROI
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